Bonds · T-Capital

TLCB ETF

Exchange-traded fund FX-denominated bonds
+8.51%
1-year return
Unit price 10.84 ₽ lot 1 unit
Fee (TER) 1.60% cheaper than 13% of funds in the class
AUM 11.09 bn ₽ fund size
Quality 36/100 fee, tracking, liquidity
Age 2.9 years since 11.2023
Unit price, ₽
Returns by period
-2.87%
1 mo
+6.27%
3 mo
+9.38%
6 mo
+6.27%
Year to date
+8.51%
1 year
—
3 years
+7.54%
Since launch
Returns are calculated on the unit price (for accumulating funds ≈ total return with reinvestment). Past returns do not guarantee future ones.
Return by year
+5.3%
2024
-8.5%
2025
+6.3%
2026 ytd
Overlap with other funds
BCSE ETF very similar TER 2.20% SBCB ETF very similar TER 0.90% AKGP ETF very similar TER 1.70% RSHU ETF very similar TER 0.81% PRIE ETF very similar TER 1.55% AMVD ETF similar TER 0.75%
We analyze and compare fund holdings.
Fee calculator
Fees over the term:
—
— in your hands · — would be there with no fee
Profit before tax—
Personal income tax on sale—
Take-home after tax—
TER 1.60% - from the fund's management rules.
Total cost of ownership
1.60%/yr
how much the fund withholds from your return each year
Fund fee (TER)1.60%
The spread on entry/exit?±1.00% one-off
In year 1, including entry and exit, roughly 2.60%. The longer you hold, the smaller the spread's contribution: over a long horizon about 1.60%/yr remains.
Fund parameters
TickerTLCB
ISINRU000A107597
Management companyT-Capital
Asset classBonds
Quality?36/100
BenchmarkFX-denominated bonds
Fund typeExchange-traded fund
AUM (fund size)?11.09 bn ₽
Launch date23.11.2023 (2.9 y)
Listing level1
Currencies₽
Lot1 unit
Unit price10.84 ₽
Fee (TER)1.60% cheaper than 13%
- the management company's fee1.50%
- custody and other costs0.10%
TER sourcemanagement rules →
Bond profile
SegmentFX (USD)
Duration?1.9 y
Credit qualityAAA-AA
Duration gauges interest-rate risk: the higher it is, the more the price reacts to key rate changes.
Risk and liquidity
Volatility (1 year)12.5%
Maximum drawdown (whole history)-16.4%
Sharpe ratio (against a 14% rate)-0.44
Liquidity78/100
Bid/ask spread—
Premium/discount to NAV?+0.38% typically ±0.50%
Avg. daily turnover5.4 mn ₽
Size and activity
AUM dynamics?-14.2%
Turnover, 30-day trend?-60%
Similar funds on the same benchmark
SBCB ETF
First AM (Sber) · fee 0.90%
+2.6%
over 1 year
AKGP ETF
Alfa Capital · fee 1.70%
+4.0%
over 1 year
SBBY ETF
First AM (Sber) · fee 0.88%
+11.8%
over 1 year
AMVD ETF
ATON Management · fee 0.75%
—
BCSE ETF
BCS · fee 2.20%
+2.7%
over 1 year
AMVY ETF
ATON Management · fee 0.75%
—
Compare all funds on this benchmark →
Not an individual investment recommendation.

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